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$1,449,000
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Property Description
Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood-directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES-the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area's rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.
Full Property Details
Full Property Details for 2740 SW 23rd St
General
- Price: $1,449,000
- Taxes: $21,681 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11920863
- Updated: 12/1/2025
- Added to Site: 49 day(s) ago
Rental Information
- Rent Includes: Electricity, Water
Interior
- Flooring: Tile
Parking
- Total Spaces: 6
Location
- Area: Amnd Miami Suburban Acres
- County: Miami-Dade County
- Subdivision: AMND MIAMI SUBURBAN ACRES
- Building Name: AMND MIAMI SUBURBAN ACRES
Community
- Community Name: Amnd Miami Suburban Acres
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Barrel Roof
- Stories/Levels: 2
- Building Size: 5696
- Square Feet: 4,761
- Living Area: 4,761 Sq. Ft.
- Year Built: 1988
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $304.35
- Tax Amount: $21,681
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: None
- Legal Description: 16 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-64382
- Property ID: 01-41-16-009-5570
Listed by Compass Florida, LLC
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Schools
Schools serving 2740 SW 23rd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Silver Bluff Elementary School 2609 Southwest 25th Avenue, Miami, FL 33133 | PK-5 | 0.4 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 3 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2740 SW 23rd St
Date
Details
Price
Change
Source
12/01/2025
Listed
$1,449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2740 SW 23rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,324
87%
$926,638
57%
2023
$10,351
20%
$590,865
33%
2021
$8,652
-7%
$444,867
-13%
2022
$9,332
8%
$513,798
19%
2021
$8,652
5%
$432,510
2%
2019
$8,244
8%
$422,222
7%
2018
$7,656
7%
$394,319
1%
2017
$7,171
6%
$391,170
13%
2016
$6,762
6%
$344,790
6%
2015
$6,376
-3%
$324,908
1%
2014
$6,556
9%
$323,219
6%
2013
$6,028
—
$304,076
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2740 SW 23rd St
2740 SW 23rd St, Miami, FL 33145 (MLS# A11920863) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2740 SW 23rd St is currently listed for $1,449,000 and was received on December 01, 2025. Want to learn more about 2740 SW 23rd St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

